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HomeMy WebLinkAboutCity Council Resolution 1991-224CITY OF PLYMOUTH Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Plymouth, Minnesota was held on the 22nd day of _ April 1991. The following members were present: Mayor Berman, Councilm mhers Helliwell, Ricker, Vasiliou, and Zitur ' The following members were absent: None Councilmember Helliwellintroduced the following Resolution and moved its adoption: RESOLUTION NO. 91-224 REDUCING DEVELOPMENT BOND FOX RUN ADDITION (82066) WHEREAS, in accordance with the development contract dated October 12, 1983, Lundgren Brothers Construction, Inc., developer of Fox Run Addition (82066), has agreed to install certain improvements for said development; and WHEREAS, the developer has completed a portion of the street, utility and site grading as noted below; and WHEREAS, the developer has requested a reduction of the development bond to reflect the completed work; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA; that the bonding requirements are reduced as follows: 0 Street Construction $ Sanitary Sewer Watermain Storm Sewer Boulevard and Drainage Swale Sod Pond or Ditch Construction Street Signs Street Sweeping and Storm Sewer Cleaning Site Grading and Drainage Improvements Park and Trail Improvements Maintenance of Erosion and Sediment Control Plan Design, Administration, Inspection, As-Builts TOTAL 110,718 $ -0- 67,213 -0- 50,153 -0- 71,246 -0- 6,200 -0- 5,000 -0- 600 -0- 2,000 -0- 46,500 -0- 1,776 -0- 2,000 -0- 39.6i _0- $ 403,060 $ -0- That the letter of credit required for the above items be reduced as detailed above from $9,776 to $0 (zero) to reflect the completed work. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmem r Zitur , and upon vote being taken thereon, the following voted in favor thereof: Magor Rergmaj3, Cnijnci Imemhers He I Jwe. I I - RIck-r. , Vasilinu, and 7itur The following voted against or abstained: Nnnn Whereupon the Resolution was declared duly passed and adopted.